A very big part of our discussion was all the notes/converts in 2014. Well let me give you my take. All those 39 notesand converts are gone. TO BE CLEAR THE ONLY CONVERTS LEFT OUR AT .1750 WORTH 375K DOLLARS OR 2M SHARES BY 2 FRIENDLY SHAREHOLDERS THAT ARE RECEIVING 12% I BELIEVE. PLEASE DISREGARD ANY RHETORIC THAT MAY BE OUT ON OTHER FORUMS.
I AM OF THE OPINION THAT BETWEEN .16 AND .20 THERE WILL BE LESS THAN 5M SHARES FROM SEASIDE/RETAIL/WDCO THAT WILL MOVE AROUND THAT IS MY CALL. I BELIEVE IF WE COME IN ABOUT 4.5M FOR DECEMBER THAT SOME ADDITIONAL HF BUYING WILL TAKE PLACE WITHIN 12 TRADING DAYS. I ALSO BELIEVE IF WE GET THRU THE JAN 1ST EXPRESS SCRIPTS SITUATION AND SHOW 5M OR MORE IN JANUARY WE WILL HAVE MASSIVE BUYING IN THE BEGINNING OF FEBUARY. WHY????????????? IT WILL SIGNIFY ANY HURDLE THATS IN FRONT OF US AND THE HF'S WILL SEE CLEAR SAILING AHEADTO Q1 2015. SO LOOK FOR THESE NEXT 2 #S AND IF THEY COME IN WHERE I BELIEVE WE ARE IN GREAT SHAPE AS A COMPANY AS WELL AS A STOCK.
REGARDING SEASIDE IT LOOKS LIKE A VERY SMALL SMATTERING OF SHARES LEFT. I HAVE TAKEN NOTE THAT BKRT HAS BEEN ON THE BID SIDE FOR 20K AT A TIME IN THE LAST 5 DAYS. I THINK THAT THEY COULD POTENTIALLY SEE THAT SCRC IS IN "PLAY" AND WANT TO TAKE ADVANTAGE OF SOME TRADES. IT ACTUALLY IS NOT A BAD THING ESPECIALLY IF BKRT GOES IN FRONT OF NITE.
CONCERNING NITE. NITE SOLD 170K AT .1639 120K AND 50K AT .1650. SINCE THAT NITE HAS MOVED BACK AWAY FROM THE MARKET AT .1750 FOR THE MOST PART. WHEN CANTOR WAS CRUSHED BY THAT INSTITUTIONAL BUY ORDER 102K,286K, AND 150K AT .1550 ROUGHLY 530K SHARES THEY ARE NOW SHOWING 10K TO 20K AT A TIME. THERE ARE 2 THEORIES ON CANTOR. #1. AT 12 30 WEDNESDAY THE LONGS WERE IN CONTROL WITH THE STOCK AT .17. WITHIN SECONDS 50K HIT .16 AND THEN THE 550K ORDER WENT UP AT .1550 WHICH WAS THE BIGGEST OFFER OF THE YEAR. SOME BELIEVE THAT WAS AN INTENTIONAL SHORT AND MANY DIDNT THINK THAT OFFER WAS GOING TO BE TAKEN. FRANKLY I KNEW THAT OFFER OF 80K DOLLARS WAS GOING NO NO SURPRISE AT ALL!!!!!!!! I would say that 550k bought at .1550 was the most amount bought at once the whole year which no matter how you slice or dice was bullish. The 2nd theory was it may have been Seaside emptying the til which is possible as well. EITHER WAY THE 550K WAS UNWANTED SHARES WAS GONE IN SECONDS. CJ MEYERS ( SMUCKER) WAS BERY CONCERNED WHEN 400K WENT UP AND IMMEDIATELY POSTED AT IHUB. IF YOU CAN RECALL SMUCKERS WAS THE SAME GUY WHO SAID 4 DAYS AGO WHEN SCRC TRADED 74K SHARES THAT ITS DRYING UP AND BACK TO .10. THE FOLLOWING DAY REGARDING HIS PROCLAMATION ONLY 200K DOLLARS TRADED HE TIMES THINGS PERFECTLY.
I AM OF THE OPINION THAT BETWEEN .16 AND .20 THERE WILL BE LESS THAN 5M SHARES FROM SEASIDE/RETAIL/WDCO THAT WILL MOVE AROUND THAT IS MY CALL. I BELIEVE IF WE COME IN ABOUT 4.5M FOR DECEMBER THAT SOME ADDITIONAL HF BUYING WILL TAKE PLACE WITHIN 12 TRADING DAYS. I ALSO BELIEVE IF WE GET THRU THE JAN 1ST EXPRESS SCRIPTS SITUATION AND SHOW 5M OR MORE IN JANUARY WE WILL HAVE MASSIVE BUYING IN THE BEGINNING OF FEBUARY. WHY????????????? IT WILL SIGNIFY ANY HURDLE THATS IN FRONT OF US AND THE HF'S WILL SEE CLEAR SAILING AHEADTO Q1 2015. SO LOOK FOR THESE NEXT 2 #S AND IF THEY COME IN WHERE I BELIEVE WE ARE IN GREAT SHAPE AS A COMPANY AS WELL AS A STOCK.
REGARDING SEASIDE IT LOOKS LIKE A VERY SMALL SMATTERING OF SHARES LEFT. I HAVE TAKEN NOTE THAT BKRT HAS BEEN ON THE BID SIDE FOR 20K AT A TIME IN THE LAST 5 DAYS. I THINK THAT THEY COULD POTENTIALLY SEE THAT SCRC IS IN "PLAY" AND WANT TO TAKE ADVANTAGE OF SOME TRADES. IT ACTUALLY IS NOT A BAD THING ESPECIALLY IF BKRT GOES IN FRONT OF NITE.
CONCERNING NITE. NITE SOLD 170K AT .1639 120K AND 50K AT .1650. SINCE THAT NITE HAS MOVED BACK AWAY FROM THE MARKET AT .1750 FOR THE MOST PART. WHEN CANTOR WAS CRUSHED BY THAT INSTITUTIONAL BUY ORDER 102K,286K, AND 150K AT .1550 ROUGHLY 530K SHARES THEY ARE NOW SHOWING 10K TO 20K AT A TIME. THERE ARE 2 THEORIES ON CANTOR. #1. AT 12 30 WEDNESDAY THE LONGS WERE IN CONTROL WITH THE STOCK AT .17. WITHIN SECONDS 50K HIT .16 AND THEN THE 550K ORDER WENT UP AT .1550 WHICH WAS THE BIGGEST OFFER OF THE YEAR. SOME BELIEVE THAT WAS AN INTENTIONAL SHORT AND MANY DIDNT THINK THAT OFFER WAS GOING TO BE TAKEN. FRANKLY I KNEW THAT OFFER OF 80K DOLLARS WAS GOING NO NO SURPRISE AT ALL!!!!!!!! I would say that 550k bought at .1550 was the most amount bought at once the whole year which no matter how you slice or dice was bullish. The 2nd theory was it may have been Seaside emptying the til which is possible as well. EITHER WAY THE 550K WAS UNWANTED SHARES WAS GONE IN SECONDS. CJ MEYERS ( SMUCKER) WAS BERY CONCERNED WHEN 400K WENT UP AND IMMEDIATELY POSTED AT IHUB. IF YOU CAN RECALL SMUCKERS WAS THE SAME GUY WHO SAID 4 DAYS AGO WHEN SCRC TRADED 74K SHARES THAT ITS DRYING UP AND BACK TO .10. THE FOLLOWING DAY REGARDING HIS PROCLAMATION ONLY 200K DOLLARS TRADED HE TIMES THINGS PERFECTLY.
